BILI - will the next break up succeed?Chinese stocks have been on a roll recently due to a combination of factors:
1. the potential easing of their zero-covid policy
2. hope that the tensions between US and China could be thawing after the recentG20 summit
3. very attractive valuations
Preferably we wait for a breakup and a retest back towards the neckline and with higher lows in place.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Volumes
The coin is traded on volumes. Support for the POC volumes levelThe price broke through the inclined level and fixed higher. The coin is traded on volumes. After the impulse, we returned to the retest. At the bottom there is support for the POC level, stop for the level. I recommend entering the position from $ 4.723. First goal - 4.85$
🔥 ARUSDT Primed for LONG on DAILY TF ✅Daily Time Frame:
1. Strong Bullish Candle Close and Lagging Span have crossed up Ichimoku Cloud
2. Ichimoku Cloud has printed green (look right)
3. Conversion Line has crossed up Base Line
4. 9 and 21 EMA have crossed up 55 EMA
5. Absurd Volume on Breakout (look left)
6. Buy Signals have been printed on various indicators since Oct 11
Entry: ~$14/wanna take a chance on a pullback which might never happen ~$10~$12) = Strong Demand/Support Zone, Even Number
TP: ~$40 = April High, Even Number, Strong Supply/Resistance Zone
SL: ~$8.2 = some pips below previous swing low/if you really believe in this coin ~$6.99 (some pips below ATL)/DCA for HODLING
Cross 25x
1:4 R:R
!! NOT A FINANCIAL ADVICE !!
The scenario is negative! breakdown of the support levelCandles close with large shadows. Local highs are decreasing. The scenario is negative. There is an oblique level in support that has been approached several times. Now we are trading in an interesting place based on the volume. I expect a rebound from the round number - $ 0.4, a breakdown of the support level and a movement to $ 0.389
Updating highs on volumes. Good setup!1h TF. The coin today is in the top in terms of activity + on good volumes.
I consider the impulse breakdown of the level after the formation of local trading in the vicinity of the level.
Enter the breakdown of the local level and from the activity in the order book!
WYCKOFF analisysTHE CABLE 15 min chart analisys:
We can notice a possible accumulation range, we notice that the volumes are not high when the price reaches the resistance line and this means that the interest in selling is shrinking.
Now we should follow the price action, price could:
1 retest the support line and create another stronger spring (not likely)
2 moving up strongly and breaking the resistance ( we may consider to open a position ONLY if price retests the resistance line)
3 continuing the ranging market for the next 1-2 days ( in this case we SHOULD NOT open any long position because the accumulation scheme would have failed and it might be a redistributon).
Follow me and stay tuned!
The Italian trader
Uniswap Volume Hit BELOW $24 Billion TODAY Uniswap saw a further decrease in exchanging volume during the seventh month of the year because of diminished financial backer interest in computerized resources.
Uniswap arrived at a new low in July as the month ended up being one of the more terrible periods in the exchanging history of the decentralized trade (DEX).
The DEX kept about $37.8 billion in volume during the primary month of the second from the last quarter of 2022, as per Be Crypto Research.
While this worth might appear to be high because of the volume recorded by contending DEXs, for example, 1inch, SushiSwap, Curve, Balancer, dYdX, Loopring, Shibaswap, and Mooniswap, it was an 18% reduction from June. Uniswap volume for June was around $46.4 billion.
After arriving at a new low since it kept a volume of $32 billion in February 2021, Uniswap likewise saw a 4% drop year-over-year in exchanging volume from July of a year ago. In July 2021, Uniswap had an exchange volume in the locale of $39.8 billion.
Generally speaking, July's measurement was a $24.8 billion tumble from the yearly high of $62.7 billion in May. What caused the dunk in Uniswap volume?
An in general negative market that developed in May which acquired additionally ground in June, and reached out to July has been credited as the reason for the drop in the exchanging volume of Uniswap, decentralized trades, and unified trades (CEXs) all in all.
UNI cost response
UNI opened on July 1, with an exchange cost of $4.99, arrived at a month-to-month high of $9.74, tried a month-to-month low of $4.73, and shut the month at $8.37.
Generally, despite a decrease in exchanging volume, the moderately lower costs of tokens saw a 67% expansion between the opening and shutting cost of UNI in July.
"Price Magnet"In my opinion, if we make a new low on $SPY we just might be walking down to cover the gap between $400.67 and $403.38. Note how quickly a single candle filled the $411.05 gap and the declining volume . Could lead to an inverted H&S and flip bullish . NFA . Anything can happen in this market. Happy trading!
Bitcoin Rises to $43KThe crypto market today is mainly trading in the mix with bitcoin, the world's largest cryptocurrency, trading at $43,443 at the time of writing.
Bitcoin’s dominance is currently 41.33%, an increase of 0.34% over the day.
The worldwide crypto market capitalization is currently £1.96 trillion, increasing 0.68% over the last day. Whereas the total crypto market volume over the last 24 hours is £96.92 billion, which makes a 9.25% increase.
GBPUSD - will the divergence save the market ??Hello everyone
We have seen too many red candles in the past month on the daily chart of GBPUSD .Now for the continuation of price ;We have a place for the argue of the existing divergence in the market and RSI ,but remember ,the existing pattern is a triangle and the price kept making lower high's in the past month or so.
In my opinion the continuation of the triangle pattern is more likely ,but in the other hand ,We have not seen such good spikes in the volume in GBPUSD since the end of Jan 2019 ,but I think this will not stop the market from the current momentum of the market .So we will have a breakout from the current support level 1.3$ and see the price enters a new channel .
USDCAD Long Trade plan✅ Potential long opportunity if we see price respect the bullish structure, preferably price remain trading above 1.25 major level.
❌ Long bias invalidated when price trading below 1.2450 level.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together .
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support
Ethereum is NeutralThe global markets have reacted strongly to Russia’s announcement of carrying out “special military operations” in Ukraine. After news broke that Russia had begun launching attacks across Ukraine, the market dip escalated.
Over $300 billion has been wiped off the crypto market cap which has dropped around 10.6% on the day, now standing at $1.5 trillion.
Bitcoin, the benchmark cryptocurrency, dropped significantly. Bitcoin (BTC) is trading at around $35,343, down 9.64% in the last 24 hours. Bitcoin even reached an intra-day low of $34,522.
Ethereum (ETH) is also down 13.2%, trading at around $2,400. Among the other top 10 cryptocurrencies by market cap, Cardano (ADA) saw the biggest percentage loss with a 17.8% drop. BNB, XRP, and LUNA are down 12.4%, 13.6%, and 8.29% respectively.
Meanwhile, stablecoins including Tether (USDT), Binance USD (BUSD), and USD Coin (USDC), saw their values appreciate slightly on the day. Trading volumes of stablecoins have been going through the roof as safe-haven demand soared.
Outside the crypto market, the stock market has also crashed while oil prices have been on the rise. The Guardian reports that Russian stock markets have fallen to the lowest level since 2016. The report adds that oil price has risen from $60 per barrel to over $100 per barrel.
Excellent volumes, Aiming to fly fast toward north$ORN #ORION #PROTOCOL Exceptional volumes seen in $ORN during the recent times. Fantastic reversal seen from support and the breakout of the trendline resistance. If #BTC stays good this will the fastest one to fly north. Interesting setup up overall for sure. #Watching
#PLTR - Reversal H&S under formation. Get ready to go...Palantir is showing a right shoulder under formation, with the characteristic that the volumes on the head are low, as it should be for this kind of reversal pattern.
In my opinion the price is now targeting the 21.30$ level, where it will probably and ultimately breaking the H&S neckline. This might be happening today or on Mon-Tue next week and not necessarely in today session
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
TRIANGLE AND VOLUMES OR NEWS - TWTR - WEEKLYNEWS ?
Twitter news about an integration of Bitcoin tipping feature is huge. Twitter might become a central social network allowing people to use crypto and transfer money for a very cheap fee. Is this feature looking like little thing will announce the end of western union services requiring huge fees to send money overseas.
TRIANGLE AND VOLUMES ?
The black line represents the probable strongest support.
The price is following is going up overall but the tops are getting lower.
Potential pull back up on the black horizontal strong support.
Potential increase of twitter's price in the coming weeks. specially if the price reaches the black line area.
so news or triangle/volume ?
Thanks for the like and shares, really appreciated! This is not financial advice, just an idea .
Ethereum is showing signs of imminent reversal on the 4h chartThe price increase was followed by a constant decrease of the RSI indicator and low volumes, indicating a loss of momentum and possible bearish reversal.
A possible but less probable outcome would be lateralization without an abrupt reversal.
The next days will be very important for ETH!